Streetbeat News

Partnerships

VALE

WAB

Vale and Wabtec have signed a R$1.8 billion services agreement to enhance the Carajás Railway locomotive fleet.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:53 pm

PSHG

Performance Shipping has secured a contract with Aramco Trading Fujairah for a charter rate of $41,000 per day for approximately 24 months.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:30 pm

XTIA

XTI Aerospace shares are trading higher after the company announced Mesa Air Group is the purchaser under a previously disclosed conditional purchase order with XTI Aircraft Company.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:29 pm

SYTA

TMUS

Siyata Mobile Inc (NASDAQ:SYTA) shares surged 42.5% after announcing a partnership with JD Telecom to expand distribution of its SD7 handsets, VK7 Vehicle Kits, and related components. JD Telecom is a strategic distribution partner for T-Mobile US Inc (NASDAQ:TMUS).

Portfolio Pulse from Adam Eckert

June 05, 2024 | 1:21 pm

INTC

Intel Corp (NASDAQ: INTC) shares are rising after announcing a joint venture with Apollo-managed funds, involving an $11 billion investment for a 49% equity interest in Intel's Fab 34 in Ireland. This move allows Intel to redeploy funds while maintaining control over Fab 34.

Portfolio Pulse from Adam Eckert

June 05, 2024 | 1:19 pm

IWO

SMCI

TSM

VTI

Super Micro Computer, Inc (NASDAQ:SMCI) introduced a liquid-cooled AI data center optimized for Nvidia Corp AI Enterprise software, promising significant improvements in AI performance and efficiency. The company also announced new products based on Nvidia Blackwell architecture and showcased upcoming systems at COMPUTEX 2024. Supermicro stock is trading up following Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) price hike news. The stock has gained 245% in the last 12 months, and investors can gain exposure via iShares Russell 2000 Growth ETF (NYSE:IWO) and Vanguard Total Stock Market ETF (NYSE:VTI).

Portfolio Pulse from Anusuya Lahiri

June 05, 2024 | 1:17 pm

BLND

SPNS

Blender Technologies has announced a strategic partnership with Sapiens International to expand their global reach and bring innovative fintech solutions to financial institutions worldwide.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:15 pm

BLK

BTCUSD

F

SAP

The article covers a range of topics including Bitcoin's strong performance metrics, significant inflows into Bitcoin Spot ETFs, and various movements in the crypto market. It also highlights notable premarket stock movements, a new stock exchange initiative by BlackRock and Citadel, and significant developments in the tech and EV sectors.

Portfolio Pulse from Akanksha Bakshi

June 05, 2024 | 1:13 pm

UAVS

AgEagle Aerial Systems Inc. (NYSE:UAVS) has secured a $2 million contract to deliver 20 eBee VISION full-stack systems to a distributor in the UAE for public safety and security. This new customer award supports AgEagle's defense and security strategy.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:12 pm

MITQ

Moving IMage Technologies, Inc. (AMEX:MITQ) shares are surging in premarket trading after securing a multi-million dollar contract for a new Alamo Drafthouse project in Indianapolis. The project will feature the company's proprietary products and advanced 4K laser projection technology. MITQ stock has lost over 38% in the past year but is currently trading 87.1% higher premarket.

Portfolio Pulse from Nabaparna Bhattacharya

June 05, 2024 | 1:11 pm